Ken, about that flattening;
"Q2 1996: 228 million...Q2 1997: 247 million hmm...
looks like some flattening going on..."
Well let's review that Aug. 13 10-Q, (as you mentioned,
"This is REAL data..."):
Despite the 'flattening' Q-to-Q revenues illuminated in your
earlier post (which are subject to debate as a sole indicator
of financial performance, although you seem to rely on them
quite heavily), we have:
"Gross margins increased in the second quarter and first
six months of 1997, as compared to the second quarter and
first six months of 1996, due primarily to:
"1. reductions in component material costs and per unit
manufacturing overhead costs,
"2. a higher ratio of disk sales to drive sales on Zip products.
"These improvements were partially offset by:
"1. Price reductions enacted during the second quarter of 1997
for Zip, Jaz and Ditto drives,
"2. a recall of approximately 75,000 Jaz disks, plus a growing
percentage of drives sold to OEMs."
sec.gov
As I mentioned before, 'stuff' happens. That's for Q2. We
already agreed that Q1 was a significant improvement over
the year before ($159 million/$226 million). We certainly could
agree that Q3/Q4 remains to be seen.
Meanwhile, back to CostCo for you...and I'll carry on with my
usual weekend stuff, too.
-MrB |
